Ikea profits take a hit from tariffs, affordability effort

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Ikea profits take a hit from tariffs, affordability effort
 
Published Friday, November 21, 2025 11:00 am
by Daphne Howland

This is a summary

"Inter Ikea Group total revenues in fiscal year 2025, which ended Aug. 31 — including wholesale sales to Ikea retailers, franchise fees and retail sales — were essentially flat, dropping from 26.5 billion euros last year (about $30.6 billion at press time) to 26.3 billion euros. 

Total Ikea sales — product, food and services sales by franchises, the bulk of its business — fell 1% year over year to 44.6 billion euros. That decline was due to lower wholesale prices, which Ikea introduced in 2024, the company said last week.

 

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Ikea profits take a hit from tariffs, affordability effort | Retail Dive

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Ikea profits take a hit from tariffs, affordability effort | Retail Dive

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